Procurement Officer

Roles & Responsibilities:

• Forecasting/ordering of components to meet the business needs and keeping a constant check on stock levels.
• Have close coordinate with production, planning & warehouse for procurement activities.
• Daily monitoring of components stock as per customer needs & defined safety stock level.
• Immediate action to handle delay in dispatches from suppliers.
• Component Inventory review & management as per defined target.
• Review & liquidation of slow/non-moving inventory.
• Analyse procurement proposals from ERP (Material Resource Planning) and alignment of orders with supplier accordingly.
• Daily management of purchase order in ERP system.
• To Share monthly forecast & release new orders to suppliers as per ERP demand planning (Master Planning & Scheduling).
• Optimization of component stock level.
• To share monthly delivery rating with suppliers & define action plan for improvement.
• Coordination with Planning, purchase & production team.
• Maintain OA & invoice date in ERP for shipment & supplier delivery rating tracking.
• PO vs OA/invoice price and tax check for overseas and domestic shipments.
• Coordinate with Quality for supplier Audits.
• Review safety stock of components based on current volatile global market situation & proactively adjust safety stock & deliveries/new orders accordingly.

#LI-IHK